A house situated in 24/RP97492 Margate QLD. In this market, it is valued at approximately $785,000. The local council is Moreton Bay Regional - Redcliffe, featuring 10 bedrooms, 5 bathrooms.
Amazing Opportunity! Must Go! Looking for an investment? Look no further! This wonderful property consists of 5 self contained two bedroom units, renting for combine income of $1,200 per week (that is $64,200 a year). Located in heart of Margate it is just few meters from the shopping centre, close to the beach, schools and transport. Positioned on 1,083 m2 block of land, it offers you not only great return at the moment, but plenty of potential for the future development. Each unit has own kitchen, bathroom, living area and currently rented. There is plenty of yard for parking cars and separate laundries are located downstairs. Lovely water views from the upstairs units would be a bonus to the smart investor. Change in circumstances requires a sale, so call us now to enquire!Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.1,083 M2 land5 x 2 bedroom unitsCurrent return $1,200 p/wClose to shops, beachWater views from top unitsDevelopment potential